Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: Ferrexpo, Wizz, easyJet still in focus
(Sharecast News) - FTSE 250: 18,943.69, up 0.31% at 1520 GMT. Shares in Iron ore pellet maker Ferrexpo were still lower as the company said the detention of its owner Kostyantin Zhevago by French authorities was unrelated to the company's affairs.
Shares in the company fell sharply on Wednesday after Zhevago was held at a hotel in the luxury French ski resort Courchevel on Tuesday by French police on suspicion of money laundering and embezzling funds linked to his banking business in Ukraine, the country's State Bureau of Investigation said.
Ferrexpo said it was seeking to clarify the situation and "will update the market as appropriate".
Zhevago is accused of embezzling more than $130m and faces the first stages of extradition hearings later this week. The arrest warrant was issued by authorities in Ukraine.
In a short statement, Ferrexpo said that its non-executive director had been arrested, but that the arrest was not linked to the company itself.
"The company is aware that Mr Zhevago has been detained in France by the French authorities, and the company understand that this is in relation to matters unrelated to Ferrexpo," it said.
Elsewhere, low cost airlines Wizz Air and easyJet were still under the cosh after Italy's competition regulator on Wednesday said it was investigating the duo, along with Ryanair and state flag carrier ITA Airways over alleged price fixing on the Rome - Sicily route. easyJet and Wizz have both denied the claims.
FTSE 250 - Risers
Molten Ventures (GROW) 357.00p 4.14% Helios Towers (HTWS) 104.00p 3.17% CLS Holdings (CLI) 158.60p 2.99% TBC Bank Group (TBCG) 2,290.00p 2.92% Aston Martin Lagonda Global Holdings (AML) 157.25p 2.68% RIT Capital Partners (RCP) 2,150.00p 2.63% Liontrust Asset Management (LIO) 1,104.00p 2.60% Darktrace (DARK) 262.40p 2.58% Ashmore Group (ASHM) 239.80p 2.57% TI Fluid Systems (TIFS) 132.60p 2.47%
FTSE 250 - Fallers
Ferrexpo (FXPO) 158.40p -3.71% Hochschild Mining (HOC) 69.65p -3.06% easyJet (EZJ) 323.30p -2.85% Wizz Air Holdings (WIZZ) 1,959.00p -2.03% Currys (CURY) 54.90p -1.79% Schroder Asia Pacific Fund (SDP) 502.00p -1.76% PZ Cussons (PZC) 213.00p -1.62% Diversified Energy Company (DEC) 116.30p -1.44% WH Smith (SMWH) 1,471.50p -1.34% SSP Group (SSPG) 227.70p -1.21%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
